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16 Jul 2023, 6:44 pm by Franklin C. McRoberts
” In Tico, Inc. v Borrok (57 AD3d 302 [1st Dept 2008]), the Court wrote, “Although the court properly determined that plaintiffs lacked standing on the basis that they did not make a formal demand on all of the general partners and failed to demonstrate that such a demand would have been futile, dismissal of the complaint with prejudice was improper. [read post]